Has Acadia Lost Value Because of MPG?

Back in May, GM admitted that they overstated the fuel economy on some 2016 SUVs and offered a compensation program as a sorry 'bout that. Owners received somewhere between $450 to $1500, based on a few factors, for their troubles. But that wasn't enough for some.

A new lawsuit wants GM to pony up more cash for the decreased resale value of the 2016 Chevy Traverse, Buick Enclave, and GMC Acadia.

"The GM lawsuit says consumers who purchased those SUVs believed the vehicles were EPA-rated at 17 miles per gallon in city driving and 24 miles per gallon on the highway, resulting in a combined rating of 19 mpg. However, the plaintiffs say the Traverse, Enclave and Acadia are in fact rated at 15 mpg in city driving and 22 mpg on the highway, resulting in a combined rating of 17 mpg."

Listen, I get it – GM advertised one thing and produced another. That's no good. But if someone is looking to buy a large used SUV, then I'm not convinced that 2 MPGs are a deal breaker.

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Chevy Over-Promised and Under-Delivered on MPGs

General Motors admits their estimated gas mileage for certain 2016 SUVs was a bit too optimistic. To make up for the snafu, the automaker will pay up or offer warranty extensions to 135,000 owners.